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+++ The morning live +++: Oil price at the highest level for six months

2019-09-16T04:25:37.863Z


After the drone strikes on refineries in Saudi Arabia, the price of oil is rising: A barrel of the North Sea Brent currently stands at $ 66.51 - an increase of 10 percent. The live news.



Welcome to The Morning @SPIEGELONLINE .
Today, Sven Scharf accompanies you to the day until 9 o'clock - here you will find the author on Twitter.
The most important political topics of the day can be found compactly in our briefing DIE LAGE.

The shortage of global oil supply following the attacks on Saudi refineries has pushed the price of oil to its highest level in six months. A barrel (159 liters) of the North Sea variety Brent increased at the beginning of the week by ten percent to 66.51 dollars, a barrel of US Leitöl by nine percent to 59.96 dollars. The production in two Saudi oil production facilities had to be throttled after the drone attacks. The failure affects around five percent of the world's oil supply. Rising oil prices boosted Asian energy companies such as PetroChina and China Petroleum by up to four percent. Iranian-backed Yemeni rebels claimed responsibility for the attack on two plants belonging to the Saudi Arabian Saudi Arabian group. Concerns of an escalation of the conflict in the Middle East made the facilities more expensive in so-called safe havens. The price of gold rose by one percent in early trading in Asia. 9/16/19 4:00 AM Welcome to the "morning". My name is Sven Scharf and I'm allowed to spend the next three hours with you. Grab another coffee or tea, it starts immediately. For questions, criticism, praise or comments - feel free to write to sven.scharf@spiegel.de. Show more Ticker Liveblog Software

Source: spiegel

All news articles on 2019-09-16

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